James R Follain
Biographic Data
| ID | 6009368 |
|---|---|
| NAME | James R Follain |
| GIVEN NAMES | James R |
| FAMILY NAME | Follain |
| SIGNATURE | FOLLAIN J R |
| AFFILIATIONS | Syracuse University |
| VERIFIED | No |
| TOTAL WORKS | 14 |
| TOTAL CITATIONS | 77 |
| AUTHOR COUNT | 14 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1979 |
| LATEST PUBLICATION YEAR | 1997 |
| H-INDEX | 6 |
Ruthless Prepayment? Evidence from Multifamily Mortgages
Shocks and Valuation in the Rental Housing Market
This paper develops and analyzes a complete structural model of the rental housing market to assess the impact of major shocks like tax reform on the asset value of rental housing. Proper assessment of the impact of shocks on asset value requires specification of such a structural model of the rental market; included in the dynamic system of simultaneous equations is a demand equation, a supply equation, a construction equation, and an asset pric…
Identifying the Effects of Tax Reform on Multifamily Rental Housing
The Rise and Fall of the Arm
This paper estimates an empirical model of the choice between adjustable- and fixe d-rate mortgages using a large national database compiled by the Nat ional Association of Realtors. The explanatory variables in the probi t choice equation include borrower characteristics, regional dummies, the FRM rate, and the FRM-ARM rate differential. Since the intrerest rate on the mortgage not chosen is unobserved, this rate must be est imated in a way that…
Tax expenditures and other programs to stimulate housing
The Demand for Housing Characteristics in Developing Countries
This paper develops and estimates an econometric model of the household demand for housing characteristics. The model is estimated using data from five cities and three developing countries. Overall, the procedures employed work well in a wide variety of circumstances. More specifically, it is found that: (1) Household willingness to pay for living space increases with income but at a less than proportionate rate; (2) Willlingness to pay for livi…
Box-Cox Estimation of Hedonic Models
Economics of residential crowding in developing countries
Housing crowding in developing countries and willingness to pay for additional space
The flight to the suburbs
Another Look at Racial Differences in Housing Prices
The existence of segregated housing has sparked interest in the question of whether blacks pay more for housing. That racial segregation exists is not in doubt. The effect of segregation on housing prices in black versus white submarkets is less clear. The empirical evidence is not conclusive. Past studies have yielded disparate results because they applied different models to one or a few markets. In addition earlier studies often used data from…
The demand for housing in developing countries
Determinants of Home-ownership in a Developing Economy
The purpose of this paper is to present an empirical analysis of the determinants of home-ownership in a developing economy by employing a methodological framework that overcomes some of the deficiencies of existing studies. First, an analysis of household tenure decision behavior in developing countries provides a basis for making observations on major similarities and differences in household tenure choice between developed and developing count…
Economic Forces Underlying Urban Decentralization Trends
With the rapid pace of urbanization the structure of cities in developing countries is subjected to the very strong pressures of rapidly increasing population, rising incomes, and shifting factor prices. The standard procedure to document shifts in the structure of cities has been the use of density gradients. There is a quasi-universal tendency towards decentralization and the flattening of population-density gradients in all cities of the world…
The demand for housing in developing countries
Housing crowding in developing countries and willingness to pay for additional space
Another Look at Racial Differences in Housing Prices
The existence of segregated housing has sparked interest in the question of whether blacks pay more for housing. That racial segregation exists is not in doubt. The effect of segregation on housing prices in black versus white submarkets is less clear. The empirical evidence is not conclusive. Past studies have yielded disparate results because they applied different models to one or a few markets. In addition earlier studies often used data from…
Determinants of Home-ownership in a Developing Economy
The purpose of this paper is to present an empirical analysis of the determinants of home-ownership in a developing economy by employing a methodological framework that overcomes some of the deficiencies of existing studies. First, an analysis of household tenure decision behavior in developing countries provides a basis for making observations on major similarities and differences in household tenure choice between developed and developing count…
The Demand for Housing Characteristics in Developing Countries
This paper develops and estimates an econometric model of the household demand for housing characteristics. The model is estimated using data from five cities and three developing countries. Overall, the procedures employed work well in a wide variety of circumstances. More specifically, it is found that: (1) Household willingness to pay for living space increases with income but at a less than proportionate rate; (2) Willlingness to pay for livi…
The flight to the suburbs
Economics of residential crowding in developing countries
Tax expenditures and other programs to stimulate housing
Shocks and Valuation in the Rental Housing Market
This paper develops and analyzes a complete structural model of the rental housing market to assess the impact of major shocks like tax reform on the asset value of rental housing. Proper assessment of the impact of shocks on asset value requires specification of such a structural model of the rental market; included in the dynamic system of simultaneous equations is a demand equation, a supply equation, a construction equation, and an asset pric…
Identifying the Effects of Tax Reform on Multifamily Rental Housing
Economic Forces Underlying Urban Decentralization Trends
With the rapid pace of urbanization the structure of cities in developing countries is subjected to the very strong pressures of rapidly increasing population, rising incomes, and shifting factor prices. The standard procedure to document shifts in the structure of cities has been the use of density gradients. There is a quasi-universal tendency towards decentralization and the flattening of population-density gradients in all cities of the world…
The demand for housing in developing countries
Determinants of Home-ownership in a Developing Economy
The purpose of this paper is to present an empirical analysis of the determinants of home-ownership in a developing economy by employing a methodological framework that overcomes some of the deficiencies of existing studies. First, an analysis of household tenure decision behavior in developing countries provides a basis for making observations on major similarities and differences in household tenure choice between developed and developing count…
The flight to the suburbs
Another Look at Racial Differences in Housing Prices
The existence of segregated housing has sparked interest in the question of whether blacks pay more for housing. That racial segregation exists is not in doubt. The effect of segregation on housing prices in black versus white submarkets is less clear. The empirical evidence is not conclusive. Past studies have yielded disparate results because they applied different models to one or a few markets. In addition earlier studies often used data from…
Housing crowding in developing countries and willingness to pay for additional space
Box-Cox Estimation of Hedonic Models
Economics of residential crowding in developing countries
Tax expenditures and other programs to stimulate housing
The Demand for Housing Characteristics in Developing Countries
This paper develops and estimates an econometric model of the household demand for housing characteristics. The model is estimated using data from five cities and three developing countries. Overall, the procedures employed work well in a wide variety of circumstances. More specifically, it is found that: (1) Household willingness to pay for living space increases with income but at a less than proportionate rate; (2) Willlingness to pay for livi…
The Rise and Fall of the Arm
This paper estimates an empirical model of the choice between adjustable- and fixe d-rate mortgages using a large national database compiled by the Nat ional Association of Realtors. The explanatory variables in the probi t choice equation include borrower characteristics, regional dummies, the FRM rate, and the FRM-ARM rate differential. Since the intrerest rate on the mortgage not chosen is unobserved, this rate must be est imated in a way that…
Identifying the Effects of Tax Reform on Multifamily Rental Housing
Shocks and Valuation in the Rental Housing Market
This paper develops and analyzes a complete structural model of the rental housing market to assess the impact of major shocks like tax reform on the asset value of rental housing. Proper assessment of the impact of shocks on asset value requires specification of such a structural model of the rental market; included in the dynamic system of simultaneous equations is a demand equation, a supply equation, a construction equation, and an asset pric…
Ruthless Prepayment? Evidence from Multifamily Mortgages
Economics (14 works) · Housing Market and Economics (12 works) · Econometrics (9 works) · Economic growth (5 works) · Geography (5 works) · Housing, Finance, and Neoliberalism (5 works) · Labour economics (5 works) · Public economics (5 works) · Developing country (4 works) · Finance (4 works)